Absolute NNN GeoDynamics Corporate Headquarters &… — Sale in Millsap, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Millsap, TX 76066
- Year built: 2015
Investment Figures
- Cap rate
- 7.30%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
This offering presents a rare opportunity to acquire a mission critical industrial asset with an irreplaceable location and exceptional tenant commitment. The tenant has invested tens of millions of dollars into the campus and controls more than 275 acres of surrounding land used for highly specialized operations, including oil well and ballistics testing, making relocation highly unlikely. The property is secured by an absolute NNN lease, providing a passive ownership structure with no landlord responsibilities, while built in annual rent escalations ensure consistent income growth and protection against inflation. The asset is leased to GeoDynamics, a subsidiary of Oil States International (NYSE: OIS), offering strong corporate backing and financial stability. As a leader in energy services, the tenant operates a mission critical facility essential to oil and gas production. Strategically located in Millsap within the expanding Dallas Fort Worth metroplex near the growing Weatherford area, the property benefits from strong regional economic fundamentals. Texas’s business friendly environment, including no state income tax, further enhances the investment’s long term appeal. Investment Highlights: • IRREPLACEABLE LOCATION WITH HIGH TENANT COMMITMENT: Tenant has invested tens of millions into the campus and owns/ leases over 275 acres of surrounding land used for oil well and ballistics testing • ABSOLUTE NNN LEASE: Truly passive ownership structure providing long term stability with zero landlord responsibilities • ANNUAL RENT INCREASES: Built in rent escalations offers consistent income growth and a hedge against inflation • STRONG CORPORATE TENANT: GeoDynamics is a subsidiary of Oil States International (NYSE:OIS), providing strong corporate backing and financial stability • INDUSTRY LEADING TENANT IN ENERGY SERVICES: GeoDynamics specializes in perforating systems and downhole completion solutions critical to oil and gas well production, making this a mission cr
Market Context
This industrial in Millsap, TX is listed for sale. It is offered at an approximate 7.3% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 2015. It has been on the market for 100 days. Compare it against other industrial listings for sale in Millsap, TX — view the full market.
Contact
- Lior Regenstreif · (818) 212-2730 · lior.regenstreif@marcusmillichap.com
- Tim Speck · (972) 755-5200
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